Leicester City have received a potentially significant boost in their pursuit of PSV Eindhoven winger Noni Madueke.

What's the story?

The Foxes have been linked with a move for the highly-rated 19-year-old throughout the summer as manager Brendan Rodgers looks to bolster his attacking options.

And now, Portuguese transfer expert Pedro Almeida has provided an update on Madueke's situation, giving fresh hope for Foxes fans that a deal can be concluded before the current transfer window shuts.

He tweeted: "The price of Noni #Madueke may have dropped to 20M€ after PSV failed the qualify for #ChampionsLeague. Leicester is very interested in the player. #PSV"

PSV were dumped out of the Champions League in the play-off round on Tuesday night after losing 2-1 on aggregate to Benfica, meaning an imminent exit for their prized asset could be on the cards.

Leicester City fans will be buzzing

A previous report from Sky Sports claimed Eindhoven were set to demand between £30m and £34m for their prized asset this summer amid increased interest in his services from Premier League clubs.

However, their exit from European football's elite cup competition has significantly reduced their position around the negotiating table, perhaps allowing interested parties to pick up Madueke for a reduced fee.

And it's little surprise that the London-born forward has been attracting so much attention from clubs in his homeland.

The England Under-21 international joined PSV's youth setup in 2018 after being released by boyhood club Tottenham Hotspur at just 16.

Since arriving in Dutch football, though, Madueke has gone from strength to strength. He enjoyed a fabulous breakout season last term, bagging nine goals and providing eight assists in 32 appearances for Roger Schmidt's charges.

In the current campaign, Madueke has arguably been even more impressive. In nine outings in all competitions for PSV, the tricky wide man has contributed to seven goals, securing the Dutch Super Cup in the process.

Therefore, Leicester supporters will surely be buzzing with excitement to learn of this latest revelation. The Midlands outfit are desperately short of right-wingers in their first-team squad at this moment in time, with Marc Albrighton the only natural opinion.

Madueke's arrival at the King Power Stadium would complete a magnificent transfer window for the current FA Cup holders and provide Rodgers with the strength in depth he needs to mount a serious push for a top-four finish.

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